Upgrades Neutral Overweight X

GDS GDS Holdings

JP Morgan

$46

Upgrades Outperform Strong Buy X

GDS GDS Holdings

Raymond James

$53

Upgrades Hold Buy X

GDS GDS Holdings

Jefferies

$45

Downgrades Outperform Sec Perform X

GDS GDS Holdings

RBC Capital Mkts

$26 $37

Downgrades Buy Hold X

GDS GDS Holdings

Jefferies

$27.06 $45

Upgrades Neutral Buy X

GDS GDS Holdings

Daiwa Securities

Initiated Mkt Outperform X

GDS GDS Holdings

JMP Securities

$35

Upgrades Sec Perform Outperform X

GDS GDS Holdings

RBC Capital Mkts

$13 $14

Resumed Buy X

GDS GDS Holdings

BofA Securities

$24.50 $15.50

Resumed Buy X

GDS GDS Holdings

HSBC Securities

$28.80 $13.60

Upgrades Hold Buy X

GDS GDS Holdings

Deutsche Bank

$20

Downgrades Outperform Sec Perform X

GDS GDS Holdings

RBC Capital Mkts

$41 $33

Downgrades Buy Hold X

GDS GDS Holdings

Deutsche Bank

$32.80

Downgrades Overweight Neutral X

GDS GDS Holdings

JP Morgan

$28

Downgrades Buy Neutral X

GDS GDS Holdings

Nomura

Upgrades Hold Buy X

GDS GDS Holdings

Deutsche Bank

$55

Downgrades Strong Buy Outperform X

GDS GDS Holdings

Raymond James

$68

Upgrades Eq-Weight Overweight X

GDS GDS Holdings

Morgan Stanley

$60

Downgrades Overweight Eq-Weight X

GDS GDS Holdings

Morgan Stanley

$80

Initiated Sell X

GDS GDS Holdings

Berenberg

$16

Initiated Buy X

GDS GDS Holdings

SunTrust

$46

Upgrades Neutral Outperform X

GDS GDS Holdings

Credit Suisse

Initiated Strong Buy X

GDS GDS Holdings

Raymond James

$53

Upgrades Underperform Neutral X

GDS GDS Holdings

Credit Suisse

GDS  GDS Holdings Limited - ADS

GDS Holdings Ltd is a developer and operator of data centers in China. The Company is engaged in design, build-out and operation of data centers. It operates as a carrier and cloud neutral, which enables its customers to connect to all the People's Republic of China telecommunications carriers, and to access a number of the People's Republic of China cloud service providers, whom it hosts in its facilities. The Company's base of approximately 370 customers consists of Internet companies, financial institutions, telecommunications and information technology (IT) service providers, and domestic private sector and multinational corporations. It serves a community of approximately 160 People's Republic of China and foreign financial institutions across the banking, insurance, asset management, brokerage, digital payment and financial information verticals. The Company operates its data centers in Shanghai, Beijing, Shenzhen, Guangzhou and Chengdu.